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Covenant Logistics Group (Covenant Logistics Group) Fuel Expense for Trucking (USD Mil) : 30.95 (As of Mar. 2024)


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What is Covenant Logistics Group Fuel Expense for Trucking (USD Mil)?

Fuel Expense for Trucking (USD Mil) shows total fuel expense over a certain period.

Covenant Logistics Group's Fuel Expense for Trucking (USD Mil) for the quarter that ended in Mar. 2024 was 30.95 , which lower from pervious quarter (Dec. 2023)'s result by 5.05%.

Covenant Logistics Group's Fuel Expense for Trucking (USD Mil) for the annual that ended in Dec. 2023 was 133.29 , which lower from pervious year (Dec. 2022)'s result by 19.90%.

The historical rank and industry rank for Covenant Logistics Group's Fuel Expense for Trucking (USD Mil) or its related term are showing as below:

CVLG's Fuel Expense for Trucking (USD Mil) is not ranked *
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Fuel Expense for Trucking (USD Mil) only.

Covenant Logistics Group Fuel Expense for Trucking (USD Mil) Historical Data

The historical data trend for Covenant Logistics Group's Fuel Expense for Trucking (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Covenant Logistics Group Fuel Expense for Trucking (USD Mil) Chart

Covenant Logistics Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Fuel Expense for Trucking (USD Mil)
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Revenue per Load (USD)
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Revenue per Mile (USD)
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Covenant Logistics GroupQuarterly Data
Trend Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Fuel Expense for Trucking (USD Mil)
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Revenue per Load (USD)
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Revenue per Mile (USD)
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Competitive Comparison of Covenant Logistics Group's Fuel Expense for Trucking (USD Mil)

For the Trucking subindustry, Covenant Logistics Group's Fuel Expense for Trucking (USD Mil), along with its competitors' market caps and Fuel Expense for Trucking (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Covenant Logistics Group  (NAS:CVLG) Fuel Expense for Trucking (USD Mil) Explanation

The fuel expense is one of the biggest operating expenses in the trucking industry. It will be influenced by the total amount of fuel consumed over a certain period.


Covenant Logistics Group Fuel Expense for Trucking (USD Mil) Related Terms

Thank you for viewing the detailed overview of Covenant Logistics Group's Fuel Expense for Trucking (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


Covenant Logistics Group (Covenant Logistics Group) Business Description

Traded in Other Exchanges
Address
400 Birmingham Highway, Chattanooga, TN, USA, 37419
Covenant Logistics Group Inc together with its wholly-owned subsidiaries offers truckload transportation and freight brokerage services to customers throughout the continental United States. The company's reportable segments include Expedited, Dedicated Services, Managed Freight and Warehousing. Expedited segment provides truckload services to customers with high service freight and delivery standards. Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length. Managed Freight segment includes brokerage services and TMS. Warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. Majority of revenue is generated from expedited segment.
Executives
Joey B Hogan officer: Exec Vice President and CFO 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Wesley Miller Welborn director 6401 LEE HIGHWAY, STE B, CHATTANOOGA TN 37421
Benjamin Sr Carson director PO BOX 3599, BATTLE CREEK MI 49016-3599
Samuel F Hough officer: EVP - Expedited 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Lynn Doster officer: EVP - Dedicated & Warehousing 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Paul Bunn officer: President, COO, and Secretary COVENANT TRANSPORTATION GROUP, INC., 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Rachel Parker-hatchett director 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Herbert J Schmidt director 1950 LAKE RIDGE DRIVE, THE VILLAGES FL 32162
Grant James S Iii officer: EVP and CFO 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Joey Ballard officer: EVP, People and Safety 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
D Michael Kramer director P O BOX 868, EVANSVILLE IN 47705-0868
George S. Yates officer: SVP - Brokerage 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Tracy L. Rosser director 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Bradley A Moline director 610 BROADWAY, IMPERIAL NE 69033
Robert E Bosworth director LIVINGSTON COMPANY & SOUTHPORT CAPITAL, ONE UNION SQUARE, SUITE 300, CHATTANOOGA TN 37402